LiveOne Correlations
LVO Stock | USD 0.78 0.03 4.00% |
The current 90-days correlation between LiveOne and Reading International B is -0.19 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LiveOne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LiveOne moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
LiveOne Correlation With Market
Significant diversification
The correlation between LiveOne and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LiveOne and DJI in the same portfolio, assuming nothing else is changed.
LiveOne |
Moving together with LiveOne Stock
0.75 | TC | TuanChe ADR | PairCorr |
0.61 | WIMI | WiMi Hologram Cloud | PairCorr |
0.64 | CHR | Cheer Holding | PairCorr |
0.65 | CNK | Cinemark Holdings | PairCorr |
0.81 | EEX | Emerald Expositions | PairCorr |
0.62 | EVC | Entravision Communications | PairCorr |
0.71 | GCI | Gannett | PairCorr |
0.67 | HAO | Haoxi Health Technology | PairCorr |
0.73 | LEE | Lee Enterprises | PairCorr |
Moving against LiveOne Stock
0.69 | SE | Sea | PairCorr |
0.63 | FOXA | Fox Corp Class | PairCorr |
0.5 | BATRA | Atlanta Braves Holdings, | PairCorr |
0.45 | BATRK | Atlanta Braves Holdings, | PairCorr |
0.43 | TV | Grupo Televisa SAB | PairCorr |
0.36 | IQ | iQIYI Inc Aggressive Push | PairCorr |
0.58 | FOX | Fox Corp Class | PairCorr |
0.56 | PSO | Pearson PLC ADR | PairCorr |
0.55 | OCG | Oriental Culture Holding | PairCorr |
0.42 | GTN | Gray Television Buyout Trend | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between LiveOne Stock performing well and LiveOne Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze LiveOne's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
RDIB | 3.97 | 0.26 | 0.08 | (0.34) | 5.15 | 9.12 | 29.84 | |||
MCS | 1.38 | (0.39) | 0.00 | (0.59) | 0.00 | 2.10 | 15.15 | |||
RDI | 2.83 | (0.14) | 0.00 | (0.25) | 0.00 | 4.55 | 22.83 | |||
NWS | 0.90 | 0.03 | 0.00 | (0.08) | 0.00 | 1.78 | 8.72 | |||
RSVR | 1.63 | (0.27) | 0.00 | (0.57) | 0.00 | 2.82 | 10.39 | |||
NWSA | 0.87 | (0.04) | 0.00 | (0.16) | 0.00 | 1.90 | 7.78 | |||
BATRA | 0.80 | 0.04 | 0.00 | (0.04) | 0.00 | 1.90 | 4.51 | |||
FWONA | 1.40 | (0.01) | 0.00 | (0.12) | 0.00 | 2.86 | 11.33 | |||
WMG | 1.24 | 0.08 | 0.08 | 0.08 | 1.66 | 2.89 | 8.84 | |||
FOX | 1.13 | 0.19 | 0.19 | 0.25 | 1.16 | 2.73 | 7.90 |
LiveOne Corporate Management
Alex Brough | Head Sales | Profile | |
Josh Hallbauer | Head Division | Profile | |
Aaron CPA | Treasurer Secretary | Profile | |
Russ Gilbert | Chief Officer | Profile |